'I've never seen anything like it': How remote work has upended the tech talent market.
There’s an air of desperation among tech employers this summer. Software talent, it seems, is in such high demand that companies are morphing how they hire. And workers are the ones with the power.
The job outlook for workers like Chesnutt has been good for much of the past decade. But now, a multitude of factors is driving competition for talent to a level not seen in nearly 20 years, some recruiters say.
Roughly a third of more than 2,800 IT professionals said they plan to look for a new job in the next few months, according to a recent Robert Half International survey. But now, these technical interviews are often being waived, said Chesnutt and Bartholomew, who both experienced this step dropped for the sake of urgency. Recruiters are increasingly using what Chesnutt sees as pressure tactics, such as “exploding offers,” which are job offers that self-detonate at a set date and time if engineers don’t accept them soon enough.
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